The process by which firms impact the nature of their overarching environment and adapt their organization in response to evolving contextual factors is called
A) business process reengineering.
B) vertical specialization.
C) mutual adaptation.
D) horizontal specialization.

Question

Quizplus · Accepted Answer

The process described in the question is mutual adaptation, which refers to the ongoing process through which organizations impact and are impacted by their environment, and adjust their strategies and structures accordingly. Business process reengineering and horizontal specialization refer to specific management practices within an organization, while vertical specialization is a concept related to supply chain management.

The Process by Which Firms Impact the Nature of Their